KELOWNA, BC, March 11 /PRNewswire/ - Tiex Inc. ("Tiex" or the "Company") (TSX-V: TIX) is pleased to announce that the Company has completed 3,059 line kilometers of helicopter-borne DIGHEM frequency domain electromagnetic and magnetic surveys. These surveys were contracted out to Fugro Airborne Surveys Corp. of Mississauga, Ontario and took place on the Company's mineral property in the Quesnel trough area of the Cariboo Mining District of British Columbia.
These airborne surveys consisted of four main blocks of mineral tenures, Gold Creek and McKaygold areas within the sedimentary hosted gold, Viewland and Jamboree areas within the porphyry copper-gold project areas of the Company's land package. During the execution of this airborne program it was decided by the Company to extend the surveys 654 line kilometers to add the one additional block of mineral tenures, Jamboree, in the Company's porphyry copper-gold project areas. The full area map of these airborne surveys can be viewed on the Company's website, www.tiexinc.com under Properties, 2011 Airborne Survey.
The Company is reviewing the preliminary results of the airborne program and will comment on the results once the review of all the data has been completed.
Stephen Wetherup, BSc. P.Geo the qualified person as defined by National Instrument 43-101 is responsible for the technical information provided in this release.
About Tiex Inc:
Tiex Inc. is a TSX Venture listed mineral exploration company focused on the exploration of its 137,710 hectare Cariboo Goldfields Project located in the historic Quesnel Trough area of central British Columbia, Canada. The property is accessible by highway and logging roads year round. For more information, you can visit the company's website at www.tiexinc.com.
ON BEHALF OF THE BOARD OF DIRECTORS
"Kenneth D. Faulkner"
President & CEO
Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
SOURCE TIEX Inc.